going nowhere, page-22

Fair enough freeprom

Your guess is 12-15 months and my guess is 7-10

I do think we will see some more interesting announcements out of these 50 kms of drilling just started that will push up the price.

If it is anything like last time the next quarterly activities will have a green picture in it and a month or so later will come some assays back from the lab. Over Christmas weay see some drifting in the price. So it might be a good time to load up on some fruit falling from the tree.

My position is set with a long term parcel which I held since back in February when they made that http://www.avancoresources.com/pdfs/PositiveResultsForRioVerdeCopperProjectFeasibility08Feb10.pdf announcement.

I think that although woods timing was poor he had chipped in a fair amount of cash when things were glum and it was hard to raise capital. So if he is free carried now with fair chunk of the company still in his possession, good on him. But if I had of bought in with a now paper loss I would be a bit upset and wanting to vent.

My opinion is this still has a ways to run so will hang on for the ride